Investor Strategy – Page 125
-
News
Third of EU workers would retire early for less
EUROPE – A third of workers in Europe would rather retire early and receive less income than continue working past the existing national retirement age, according to research by Aon Consulting.
-
News
German funds look to emerging market debt – HSBC
GERMANY – German pension funds' appetite for fixed income exposure will push them towards investing in emerging market debt, according to HSBC.
-
News
BlackRock figures highlight move to passive strategies
GLOBAL – BlackRock has reported net outflows by institutional investors of $39.6bn (€29.9bn) and inflows of $8.9bn, as the global equity rally and tightening credit spreads have caused investors to reconsider investment strategies and shift from active to passive investments.
-
News
Trustee firm enters fiduciary management with outsourcing model
UK – Atkin Trustees, a UK-based independent trustee firm, is moving into the area of fiduciary management for small pension schemes with the launch of its Scheme Management Outsourcing (SMO) offering.
-
News
USS buys stake in Neuberger Berman Secondaries Fund
UK – The Universities Superannuation Scheme (USS) has expanded its private equity investment programme by acquiring a $135m (€101m) interest in the Neuberger Berman Secondary Opportunities Fund II from the Lehman Brothers Estate.
-
News
German tax consultants fund to diversify equities and real estate
GERMANY – The €520m pension fund for tax consultants in the German province of Northrhine-Westphalia (NRW) is seeking to diversify its investments through specialist equity and Asian real estate mandates.
-
News
IMF predicts Russian pension fund growth
RUSSIA – The International Monetary Fund has stated expects private pension funds “to grow rapidly” in Russia as pension benefits increasingly become part of salary packages.
-
News
Informed pension members are willing to take more risk – study
NETHERLANDS - Dutch employees are more willing to take investment risks with their pension if they have a better insight into the effect their choice will have on their future pension, suggests a study commissioned by the Association of Industry-wide Pensions Funds (VB).
-
News
VB questions real cover ratio and ‘soft’ pension rights
NETHERLANDS - The Association of Industry-wide Pension Funds (VB) has expressed serious doubts about the introduction of more conditional rights for pensions members and questioned the use of the real cover ratio as a benchmark for a scheme’s health.
-
NewsGerman province mulls an end to PAYG pensions for ministers
GERMANY – Ministers in the north German province of Schleswig-Holstein might in future have to take care of their own pensions if the Green party succeeds.
-
News
Younger Swedes face lower pensions income
SWEDEN - Swedes born in the 1980s and 1990s can still expect receive a total pension income worth 60-65% of their final salary, yet this is substantially lower than those born in the 1930s and 1940s, according to a survey by pension provider Folksam.
-
News
DC governance needs to develop globally - State Street
GLOBAL – State Street has claimed defined contribution (DC) regulations and fiduciary oversight need to develop in a global rather than national context as the shift from defined benefit (DB) to DC continues.
-
News'Packaged passive' investment could address DC risk - study
EUROPE – Members of defined contribution pension schemes might in future be more confident about their investments if strategies were based more around “packaged passive funds”, suggest panelists contributing to a DC study.
-
NewsSwedish roundup: AP1, Pensions performance, SIFA, Member knowledge
SWEDEN - The equities team at AP1, one of the Swedish national buffer funds, has been strengthened with two new hires. The appointments take the number of portfolio managers to five, divided into Swedish and European teams.
-
News
Alvoso wins latest Ascoop leaver
SWITZERLAND – The exodus from the heavily underfunded Ascoop transport pension fund is continuing with the Auto AG Schwyz joining the small collective fund Alvoso.
-
News
SPMS considers APG and BlackRock as new providers
NETHERLANDS - The €5bn pension fund for Dutch medical consultants, SPMS, is planning to swap its present pension provider and asset manager Doctors Pension Funds Services (DPFS) for two larger players.
-
News
Irish DC pension members show more caution than DB trustees
IRELAND – Irish defined contribution investors are still more cautious about investing their pension assets than defined benefit trustees, but have yet to follow the trend of moving towards passive investment, suggests evidence presented by the Irish Association of Pension Funds (IAPF).
-
News
Enhanced allocation: the cherry on top
EUROPE - A portfolio’s returns are determined primarily by strategic asset allocation (SAA). On top of that, active managers may try to generate some extra returns by means of tactical asset allocation (TAA).
-
News
PGGM proposes equity cutback for engagement reasons
NETHERLANDS - PGGM, the pension asset manager for healthcare and related industries, will suggest to clients including the PFZW health and welfare pension fund that they invest in fewer companies or adopt an exclusion policy.
-
News
USS assigns managed account ahead of new strategy focus
UK – The £29bn (€32.9bn) Universities Superannuation Scheme (USS) has awarded a hedge fund-related $1bn (€740m) advisory managed account (MAC) mandate to Man Group.
